iWatt Secures $12,400,000 Series E Financing Round

  • Feed Type
  • Date
    7/8/2008
  • Company Name
    iWatt
  • Mailing Address
    101 Albright Way Los Gatos, CA 95032-1827
  • Company Description
    IWatt, Inc. is a power management IC company that designs, develops and markets semiconductors for AC/DC power supplies used in computers, communication and consumer electronic equipment. The company’s patented, digital control technology is revolutionizing power supply design by introducing the industry’s first truly digital approach to power system regulation, control and management.
  • Website
    http://www.iwatt.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,400,000
  • Transaction Round
    Series E
  • Proceeds Purposes
    The funding will be used to enhance the company’s working capital to facilitate the rapid growth of its green technology products focused on AC-DC and DC-DC applications.
  • M&A Terms
  • Venture Investor
    VantagePoint Venture Partners
  • Venture Investor
    Sigma Partners
  • Venture Investor
    Horizon Ventures

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